Independence Day legislation includes permanent full expensing for new and used aircraft used in business operations ...

In this week's AirMail Focus, aviation tax attorney Suzanne Levy, of Advocate Consulting Legal Group, helps aircraft owners ...

Tax Benefit Schedule and Phaseout Bonus depreciation is an accelerated business tax deduction used instead of allocating the cost evenly over the life of an asset in traditional depreciation.

While much of the budget reconciliation bill remains unsettled, at least one element could greatly benefit commercial real ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The One Big Beautiful Bill Act, passed by Congress July 3 and expected to be signed into law by President Trump, makes ...